While many of the brands have been developed by the group over a decade, the company also has exclusive licensees and joint ventures with global brands

According to a PTI report: The company, which has built an integrated warehouse with a capacity of over 30 crore garments in Nagpur, is betting big on the growing demand from fashion conscious customers and consumers’ interest for lifestyle and fashion.

Biyani said by next financial year the fashion units alone will clock total revenue of US $3-3.5 billion (about Rs 20,000 crore). He, however, denied commenting on expected profit.

“We will be among the top 10 fashion companies in the world by FY19 manufacturing about 35 crore garments and the notable factor is that the operations are only in India, while others have global presence,” Biyani told PTI in an interview.

The company sells other brands along with its own such as John Millers, DJ&C, Converse, Clarks, Urban Yoga, Bare, Indigo Nation and Scullers, among others.

The group’s fashion outlets, including Fashion at Big Bazaar (FBB), are run by two operating listed companies — Future Retail and Future Lifestyle Fashions Ltd.

Future Retail had reported a standalone net profit of Rs 153.16 crore for the second quarter ended September 2017. Future Lifestyle Fashions reported a consolidated net profit at Rs 30.28 crore during the same quarter.

The retail chain last month unveiled a 30-year vision, Retail 3.0, by when it plans to become Asia’s largest integrated consumer retailer by 2047 with revenue of in excess of US $1 trillion.